money · · Source: Bloomberg
UBS CEO Ermotti on Earnings, Cost Savings, Capital Return
UBS CEO Sergio Ermotti speaks to Bloomberg's Stephen Carroll after the lender posted third-quarter profit broadly in line with expectations, with a surge in client inflows potentially buoying the outlook for the global wealth manager. The Zurich-based bank said net income in the three months through September was $2.69 billion, while net new assets in the wealth unit came in at $55.1 billion, led by Asia Pacific a...